from jail. >>> president obama due on election results to say americans support his approach to prevent falling off the fiscal cliff. >> they agreed with the balanced approach that asked something from everyone, but a little more from those who can afford it the most of the it's only way to put our economy on a sustainable panel without asking even more from the middle-class. >> florida senator marco rubio responded with a call for limited government, reform in the tax code and the goal of creating new taxpayers, not new taxes. >>> president obama has outlined what corporations can do to help the nation celebrate his inaugural in january. while taxes pay for the swearingin, festivities are privately funded new hampshire 2009 mr. obama refused corporate donations and he is now accepting them in packages up to $1 million. . >>> former south of canpresident nelson mandela was admitted to a hospital. current president of south africa says there was no cause for alarm by the4-year-old's health. mandela spent 27 years in prison for fighting fighting apartheid in south africa. >>> two

, roger goodell will be speaking at a fan forum at oracle arena. season ticket holders were elected to be part of it. it will include former stanford john elway and some of the raiders grates, as well as howie long. they will take another step closer to finishing their new stadium. coming up, the signing ceremony that will mark a very special occasion. >>> a beautiful commute so far, how is it looking? >>> we have the on ramp not causing any problems but crews will have to get in there and get out that crash. this is down at the peninsular, and we have a look at the area with three lanes closed on 101 hills dale boulevard and it is slow going across the san mateo bridge. also in the dumbarton, we have construction eastbound so be aware of that and i am opening up shortly though. >>> and we have a look at the bay bridge toll plaza, back down on the south bay, 880 split, you can see traffic looks good in all directions. here is steve. >>> we have low cloud desk, there are other areas brandon and pacifica. man, it is thick here and there are some areas where fog is an issue and it is mist

dodge that fiscal cliff. yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how much money was taken from the funds. today is the final day for bidders interested in taking overwhat is left of hostess to step forward. so far 160 companies have expressed interest which include wonder bread and twinkies. hostess closed last month. >> this morning the national transportation safety board confirms mexican-american singing superstar jenni rivera died from a plane crash yesterday she was one of seven onboard a private jet that went down in northern mexico. she was considered a role model to women, young people and members of the gay community. in the past year she had been working to break into the u.s. market. >>> australian deejays who pulled a prank on the british hospital that cared for duchess speaking pout for the first time. he was an emotional an -

cliff. yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how much money was taken from the funds. today is the final day for bidders interested in taking overwhat is left of hostess to step forward. so far 160 companies have expressed interest which include wonder bread and twinkies. hostess closed last month. >> this morning the national transportation safety board confirms mexican-american singing superstar jenni rivera died from a plane crash yesterday she was one of seven onboard a private jet that went down in northern mexico. she was considered a role model to women, young people and members of the gay community. in the past year she had been working to break into the u.s. market. >>> australian deejays who pulled a prank on the british hospital that cared for duchess speaking pout for the first time. he was an emotional an -- apology. kira kla

republican presidential nominee mitt romney in the final weeks of the election. that final paoás -- boost posted the campaign total to a record high. >>> the network grew from july to september. that's a 2.7% increase to $64.8 trillion. network is still prerecession peak. a good reason why the reserve will provide better economic stimulus. >>> tonight she is accused of taking advantage of a woman in her care. ktvu's patti lee tells us who finally cracked the case for an elderly victim unable to fend for herself. >> reporter: 49-year-old marianita capra managed marin terrance that is until yesterday when police arrested her. >> we determined there was some odd financial transactions taking place and began investigation to see if there was criminal activity. >> reporter: capra targeted an 83-year-old woman who had no family but did have a financial advisor who reported a strange number of purchases that her client couldn't have made. >> the list compiled was in excess of $40,000 but it may be higher than that. >> reporter: police went through capra's home and removed ed. - - remove

of congress who got elected because, in fact, the tea party activists across the country were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance to the party leadership. i understand the speaker being annoyed when he has people within his caucus that are committed to a set of principles that they make it hard for him to make easy deals. but i would also remind him that people are not going to forsake their principles for something that is as insignificant and their life as a committee assignment remark that is right. >> if he thinks this is a party discipline, he is sadly mistaken. he often knows that from his own experience as a younger time in his service in congress. charles: representative, it has been set from the beginning that the tea party not only poses an incredible threat to the senate democrats, but to establish republicans. now, representative john boehner opportunity to mitigate what they have in washington. >> well, i think what he is doing is looking at --

network. the deal goes into effect in 2016. >>> alameda county elections officials have ended the recount of votes on a november sales tax measure. measure b-1 would have raised money for transportation projects. about 66.5% of the votes were in favor. but that's about 2,000 votes short of the two-thirds majority needed for passage. measure b-1 opponents called the recount a waste of taxpayer money. >> i think it might be a dubious legality but i'm not a lawyer so i can't speak to that. >> according to "the examiner" website, registrar dave mcdonald ended the recount last night and that's because the recount of 30,000 ballots turned up just 7 new yes votes making it unlikely the full recount would change the results. >> close though. >>> it is official. nudists no longer allowed to bare it all on san francisco streets. sorry, lawrence. the board of supervisors gave the final okay to the city's new public nudity ban. several opponents stripped naked in protest. you can hear them there. they were all escorted out of the board chambers wrapped up in blankets. the ban takes effect in

. the people you elected to get things done simply are not getting it done, not even close. but maybe we should not be surprised, because in a cnn/orc poll taken a few weeks ago, 67% said washington officials would behave like spoiled children in fiscal cliff discussions. only 28% said they would behave like responsible adults. with that in mind, here's what the key players, the grownups, have said in just the past 24 hours. listen. >> the math, it doesn't work. >> his proposal was so outlandish, i don't think we should go back to the table until he puts something there that we can work with. >> we're not going to twist ourselves into contortions to appease a vocal minority. >> what i'm not going to do is to agree to a plan in which we have some revenue that is vague. >> republicans have proven to be willing to be held accountable. democrats have not. >> we look forward to working with the president when he decides to get serious. >> we're looking for solutions and it doesn't seem at least from the president's proposal that he is at all serious about finding the solution. >> his last

worst outbreak since the "muslim brotherhood" leader was elected. morsi critics began protesting two weeks ago when the president gave himself sweeping powers that placed him above judicial oversight. >>> and a sliver of hope towards ending the syria civil war. secretary of state hillary clinton and a top russian diplomat will held a surprise meeting with the united nations peace envoy foreseers, still amid signs for for syria. >>> meanwhile germany approved sending patriot air defense missiles to turkey to protect the country against attacks from neighboring syria. mortar rounds and shells from syria have killed several turks in recent weeks. the decision on the missiles must still be approved by the german parliament. >>> it's official, recreational marijuana use is now legal in washington state. hundreds of of people showed up at the space needle to celebrate at midnight. voters approved the law last month. it only covers adults aged 21 and older. some university of washington students did their homework on the limitations. >> we know it's not legal for us to use it. >> i think pe

clinton do solemnly swear. >> he was two years old when clinton was elected. he had 25 points. eleven assists. the last play of the first quarter. warriors turned it over. glen davis nails a jump shot. and magic gets momentum. harrison barnes on the rejection. clay thompson hits the shot and the warriors are up by two. but the magic did it to the warriors tonight. j.j . for three. orlando wins 102, 94 and a chance in history is denied. angel will return to the top of the san francisco batting order. he was resigned to a 44 million- dollar contract. his wife posted a picture here on twitter. and how much can this guy drink champagne right now. he's had quite a bit. the over time loss to st. louis. kaepernick will start this weekend against miami. did i mention that game's on channel 5 yet. the quarter back controversy is not over. alex smith is not out of it. rg 3 making monday night football debut verses the giants. griffin the third on the run. josh morgan recovers it and gets a touch down. washington seven to three. giants leading 16, 10. griffin roles out. and washington hangs on 1

following which is embracing everyone. >>reporter: arpaio is elected sheriff of arizona maricopa a county for 20 years best known for aggressive stand against illegal immigration. niece san francisco to speak at the california alarm association at the park 55 hotel. >> i'm a little disappointed because from new hampshire to california every time i travel to give a speech i have demonstrators. i don't see any here. >>reporter: yet despite the lack of demonstrations sentiment against sheriff arpaio position is strong in san francisco. and that includes the opinion of students here at this middle school in noe vaechlt they mailed him letters written in spanish can accusing him of racism and break up family. he wanted to meet the students face-to-face and scheduled something for friday but the school ultimately cancelled. the sheriff is disappointed. >> icap explain every one of those allegations and let them know it's not true and try to educate them that we should enforce the laws. >>reporter: ask children aren't the only ones he won't be meeting during the stay no. plans to meet with distr

presidential election. we will be right back. >>> quarter past the hour. mohamed morsi is still speaking. he says he feels sorry for those killed on both sides in the violence around the palace. this from the live speech which is on going. the hope was certainly of western observers that this man who has made himself a dictator would back down and submit to the will of the people. at least those not of the muslim brotherhood. that has not happened. he said we must trans send our differences. the will of the people cannot be suppressed by angry crowds. the will of the people must not be suppressed by anger. he says he prays that god will guide them through it. and he prays that god will safeguard the repercussions of the storm. he says the egyptian people are aware of your value. i stated clearly and openly i cannot tolerate that any person perpetrate any killing or vandalism. so it sounds like he is either not in touch with what is happening or very much in touch with the fact that he set himself up as a dictator. how the egyptian people hillary act is -- will react is another matter. we

everyone. >>reporter: arpaio is elected sheriff of arizona maricopa a county for 20 years best known for aggressive stand against illegal immigration. niece san francisco to speak at the california alarm association at the park 55 hotel. >> i'm a little disappointed because from new hampshire to california every time i travel to give a speech i have demonstrators. i don't see any here. >>reporter: yet despite the lack of demonstrations sentiment against sheriff arpaio position is strong in san francisco. and that includes the opinion of students here at this middle school in noe vaechlt they mailed him letters written in spanish can accusing him of racism and break up family. he wanted to meet the students face-to-face and scheduled something for friday but the school ultimately cancelled. the sheriff is disappointed. >> icap explain every one of those allegations and let them know it's not true and try to educate them that we should enforce the laws. >>reporter: ask children aren't the only ones he won't be meeting during the stay no. plans to meet with district attorney george cast

-- appointed to the board of supervisors after mirkarimi was elected as sheriff. >>> fund-raising records were shattered by both president obama and mitt romney raising more than $2 billion. campaign finance recordsrd show president obama raised $1.1 million. mitt romney was close behind with 1.01 million. >>> a month -- a month after being re-elected president obama's rating is up to 57%. that's the highest rating since navy s.e.a.l.s killed osama bin laden. >>> 7:35. the national football league says it would help the oakland raiders, build a new stadium. roger goodell says it is crucial that the raiders approve their stadium situation and that the nfl would help for a new one. the raiders have held talks about a new stadium but no progress has been reported. >>> changes could be coming to the nfl next year. why some want those kickoffs to be eliminated and what might replace it. >>> an 18-year-old palo alto man is in jail that injured three people. two people were hurt. one man was arrested. they suspect road rage or a dispute. >>> darnell and tanya washington are in court expected to enter

should be following which is embracing everyone. >>reporter: arpaio is elected sheriff of arizona maricopa a county for 20 years best known for aggressive stand against illegal immigration. niece san francisco to speak at the california alarm association at the park 55 hotel. >> i'm a little disappointed because from new hampshire to california every time i travel to give a speech i have demonstrators. i don't see any here. >>reporter: yet despite the lack of demonstrations sentiment against sheriff arpaio position is strong in san francisco. and that includes the opinion of students here at this middle school in noe vaechlt they mailed him letters written in spanish can accusing him of racism and break up family. he wanted to meet the students face-to-face and scheduled something for friday but the school ultimately cancelled. the sheriff is disappointed. >> icap explain every one of those allegations and let them know it's not true and try to educate them that we should enforce the laws. >>reporter: ask children aren't the only ones he won't be meeting during the stay no. plans

in a san francisco courtroom to face charges for taking a photo of an elected official in a bathroom. the blogger pleaded not guilty to misdemeanor disorderly conduct yesterday after posting a photo of supervisor scott wiener inside a city hall bathroom last october. there's the photo. the blogger often criticizers scott wiener on political issues. his attorney says the photo does not overstep any boundaries. >> we'll be fighting this case and think that despite the fact that the photograph was taken, we're talking fundamentally about a photograph of a gentleman at a sink. >> scott wiener says the photo is an invasion of privacy. the blogger is ordered to stay 150 yards awayed from supervisor. the blogger is due back in court on january 7th. >>> there's some delays at sfo, tara. >> yeah, we have some flights running 15 minutes behind schedule. so check with your carrier before you live. >>> this is the east shore freeway. traffic is flowing nicely there side as you make your way to the macarthur maze. we've had backup since 6:00 this morning so give yourself some extra time.

country. >> nikki haley will pick demint's interim replacement and a special election will be held in 2014. >>> a christmas tree celebration now shining bright. >> 3, 2, 1. >> the first family flipping the switch to the 21 foot blue bruce. colby kie president obama giving his best rendition of a christmas classic. ♪ >> that is your 5@5:00. >> we can't keep up with all of these singers any more. >> the race toward the fiscal cliff without a deal in sight. we are hours away from the november jobs report. peter doocy is live in washington with more. hi, peter. >> today's unemployment effort will be the first since super storm sandy hit the east. any jobs that were lost economists are expecting a lousy report as a result of the storm. but regardless of what the number is, we are still one day closer to the fiscal cliff. even though speaker of the house john boehner's office says the lines of communication on both sides are open we know one thing is not being discussed by democrats and that one thing is extending the busheir raw tax cuts for top earners. >> oo i am not going to sign any packa

. tonight the people you elected to go to washington and get things done can't seem to make any progress at all on the looming fiscal cliff. instead, what we have is a game of finger pointing, both democrats and republicans, what else, blaming each other for the lack of a deal. now, keep in mind time is of the essence here. automatic tax hikes and spending cuts will go into effect in just four weeks if your members of congress can't come together and do a deal. on paper, it shouldn't be too hard. it's the job the american people elected them to do and the american people expect results. they want compromise. in fact, two separate cnn/orc polls, in those polls, an overwhelming number of people, 72%, said both sides should do a better job working together in general. so the people, that's you, want compromise. yet this is how the men and women on capitol hill, the men and women you elected to work for you, have responded over the last 48 hours. >> i think we're going over the cliff. >> it's unfortunate that the white house has spent three weeks doing basically nothing. >> what we can't do is

the establishment. fed up after republican parties lost in the election. some members of the gop are pushing former congressman jc watts to run for chairman, but a lot of people in the party don't seem too hot on the idea. a leader tells our peter hamby he had no prayer. roland martin warns that responses like that could backfire. he writes even if they choose not to vote for watts, if he decides to even seek the job, it is his skin color and perspective. "outfront" tonight, jc watts. good to see you. what do you think about what role land martin had to say, that the party needs to be careful how it responds to you, considering running, thinking about race. >> well, i don't necessarily believe that the answer tis to take a black face and put him in the chair at the rnc or asian or native american. i think we have to surround ourself at the rnc and within the party, we have to understand diversity and diversity is not a bad word. i take a biblical world view on diversity. god made you white. he made me black. he made you a female. he made me a male. i think god likes diversity, so if

years with knox unlawful elections but no one was perted to run or campaign against him. the muslim brotherhood challenged and had riots and demonstrations and the military shot the demonstrators and then backed off and president mubarak ran. sound familiar? it is close to the description jonathan gave us of what happened to president morsi in the past week. he is on very thin ice attempting to resist the very forces he unleashed which got him in power. >>shepard: we are not yet where the military is called to do anything. that is the possibility of the next step and you wonder if morsi would have something to do. many say if he brings in the opposition it could settle down. >>judge napolitano: or if he proposes a constitution that recognizes people's differences, and is lawfully written. this is unlike anything egypt has had. the constitution egypt has is remarkably modern and western. it permits a person aggrieved by the government to challenge the government in a court. the new constitution would not permit that, which is a reason why the judges went on strike because they would

headed and once he won the election it was a reaction in the market. the client base is difficult to make the right decision, you don't know what the facts are. will be a question later on. there has not been a lot of trading in dividend stocks and because of the reason for that, an overriding concern what is going on with the fiscal cliff. people waiting to find out what is going to happen. liz: from your perspective and you guys are among the biggest, you're not seeing people jumping in and saying these companies are paying out early dividends. >> as far as our client buying or selling, no. the rationale is simple. you don't know what the rate is going to be an don't know what your tax is going to be and if that is the reason you bought the stock to begin with it might make sense if it goes up 5%, won't makes sense if it goes up 30% so the client base is smart enough to recognize that. liz: td ameritrade added dividend of 2.6% consider fast tracking its dividend. >> the entire management team as well as the board will always think about the long-term best interests of our sharehold

carolina. the state's governor will name demint's successor, but a special election will be held in 2014 for the seat. i think, if he actually ran for that seat, he'd have a good chance of winning some votes. >> it's hard to know if he's serious or if it's a joke. >> i don't know. he's got a pretty good gig going. >>> we're coming up on 5:21 now. time to get a check of weather and traffic on the ones. you're going to need the coat and also the umbrella. >> many good morning. >>> it's finally here, everybody, friday. temperatures in the mid and upper 30s. keeping a close eye on the friday morning temperatures. for now everything comfortably above the freezing mark. light raindrops coming in from the south of town, route 4 and route 5. also some rain showers along interstate 81 and the western part of i-66. all that inbound traffic will need the wiper blades to go back and forth at least a couple of times. here's the friday planner. spotty showers around this morning. not a lot of rain, just enough to get the road wet. cloudy and chilly for this morning. temperatures will be milder than ye

nominee mitt romney in the final weeks of the election. that final paoás -- boost posted the campaign total to a record high. >>> the network grew from july to september. that's a 2.7% increase to $64.8 trillion. network is still prerecession peak. a good reason why the reserve will provide better economic stimulus. >>> tonight she is accused of taking advantage of a woman in her care. ktvu's patti lee tells us who finally cracked the case for an elderly victim unable to fend for herself. >> reporter: 49-year-old marianita capra managed marin terrance that is until yesterday when police arrested her. >> we determined there was some odd financial transactions taking place and began investigation to see if there was criminal activity. >> reporter: capra targeted an 83-year-old woman who had no family but did have a financial advisor who reported a strange number of purchases that her client couldn't have made. >> the list compiled was in excess of $40,000 but it may be higher than that. >> reporter: police went through capra's home and removed ed. - - removed evidence. and are

resigned after winning the election. two weeks ago, the new president made himself a dictator, giving himself absolute power and tensions is been on the rise ever since. hours ago president morsi asking protesters out his palace to "cool it." give a chance to new talks aimed at stemming backlash over his controversial power grab. so far the call for calm has gone nowhere. you can see the protesters tearing down the tents throwing rocks and fire bombs at each other and yesterday opponents stormed the palace grounds. the president's backers in the muslim brotherhood showed up in force and ready for a fight. this began when egypt's new president essentially maim himself a stickator, with the protesters demanding he give up those near absolute powers. and steve harrigan is live for us in cairo. steve, these are the biggest crowds we have seen yet. >>reporter: the largest crowds and the most violent. it has calmed down in the last hour at 10:00 p.m. in egypt but the worst clashes in two weeks of protests here. it wasn't police versus the protester but civilian on civilian, members of the m

storm sandy. the ceo said consumers were distracted by the cliff. the storm and the election. staying with clothing, vera bradley -- well, handbags. those shares also tanking and they are blaming sandy as well but also noted their holiday season is off to a slow start. jeffri jeffries raising the tart fro tm $22 to $20. not all bad news. finisar, higher demand for tranceivers. what else? the stock down 17% year to date. finally, zynga. take a look at shares. they are up nearly 7% because they filed for a gambling license. that is right. the virtual game company wants to become a real poker company. let's bring in julia boorstin with more on this zynga story. seems like if they get it, a completely transformative thing. >> it would be transformative and zynga's definitely pushing forward with its plans to eventually make money from online gambling but the key thing here is that this is really a ways off. the stock soared as much as 9% higher this morning after it came out that zynga applied for real money gaming license in nevada which the company says will take as much as 18

better than where they were on election. >> that's true. you know what? we've been so focused on the fiscal cliff, we haven't thought about the jobs number coming out tomorrow. what do you expect? >> i expect it to be nothing that's going to

the german elections that debt burden is going down in the official sector, just a matter of how much. >> gina sanchez, this is live tv of course. good to have you back up and running. we have climbed the wall of worry many, many times. quite often when we climb that wall of worry we miss out on gains. is there something different this time around? are the worries justified or are we going to miss out? >> well, generally our view is that we're going to get to the end of the fiscal cliff with a resolution but that it is going to be turbulent up until that point. and so we're probably going to climb a wall of worry there. i think the issue on europe though is one that we basically -- i agree with brian, we've put europe to the back burner and probably some time at the second half of next year it is going to crop back up as an issue. but you could see, for example, the sort of classic january bounce or we think actually fiscal cliff could be pushed into january by the time they actually finally get a resolution. kicking the can may be a couple of weeks but eventually getting to a re

people did that when they elected, you know, the president and a democratic senate again. again, they have to agree to a deal or tax rates on everybody go up. i think we should do everything we can to avoid that for as many people as we possibly can. >> so far, four house gop members, as we said, john boehner has booted them from key committees for going against leadership. you're obviously the deputy whip. you are part of leadership. you have challenged john boehner. i mean, what you put out there, it may sound -- may sound very normal and calm and compromise-filled to many. but perhaps to him, it's a little bit of a slap in the face. have you talked to him about it directly? >> yeah, of course. i mean, look, i deal with the speaker on a regular basis. and he knows, look, i'm never going to undercut him and he knows when the tough votes come, and they're going to come, that i'll be there to try and support him and help him. so he's not going to scold me because i offered in private, you know, my advice that was solicited and then when it was leaked actually defended in public. i don'

out saying oh, barack obama, he bought votes, i would have won the election if he wouldn't have bought the votes. that's the logo of a guy who just makes excuses. >> so between the change of heart and all the interviews he's doing and the aspiring acting career, some people are saying that it's possible, just possible, that eric is doing all of this just to get attention. >> they couldn't be more correct. of course. who gets a tattoo on their face and isn't looking for attention? >> very thought provoking although perhaps not universally true. like maybe if somebody got a tattoo on their face that said i'm shy. in any event, if it was attention he was looking for, he definitely got it although the romney tattoo will soon fade into nothing but a cheeky memory, eric's place on the "ridiculist," that i promise you, is permanent. that does it for us. see you again one hour from now. erin burnett's "outfront" starts now. >>> 28 days away, what does it take for a deal? and the use of chemical weapons will bring an immediate reaction from the community. our panel, we'll ask them if the

. >> and then this is not the only state because during this federal election there were two states that ended up on positive end of legalizing recreational marijuana. the other one being colorado. why do we not see a party there today? >> reporter: because they haven't made it legal yet. the governor there has to act before january 5th and then they will make it at some point legal to possess pot there as well. and then they'll have to go through the same process of setting up the rules to figure this out. advocates here firmly believe once you have the two states despite what the federal government may say, the cat will be out of the bag. jeangen other states will soon follow the tax revenues are one thing. they say it makes more sense rather than spending money on fighting petty crimes, use it to raise lots of money and use that money for education and other things. >> all right. thank you for that. clearly so many more questions, legal questions, and for that we'll skip over to our joey jackson, legal commentator who joins us live from atlanta now. i think one of the big questions th

. >>> well, in one corner, the man who lost the presidential election and the other, the man who got knocked out this weekend. the behind the scenes fight night meeting between mitt romney and manny pacquiao. that's next. stay with us. santa! want to see some magic? watch this! merry chr... (crash) ow! i landed on my keys. did you get that? oh yeah. that was amazing. here you go. that was a fun trick! see? santa's okay. walk it off santa. share videos instantly with s-beam. on the galaxy siii and note ii. for a limited time get two flip covers for the price of one. exclusively at verizon. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? i have obligations. cute tobligations, but obli

john boehner admits that basically the president won the election, and that, in fact, taxes have to go up, in terms of tax rates have to go up on the rich, the president is prepared to see the nation go off the fiscal cliff, shep. >> shepard: what's the thinking on whether they can actually come together at some point here, ed? >> right now it's pretty dim. if you look at what speaker john boehner said in that exclusive interview with our own chris wallace on "fox news sunday." he said right now there are nowhere in these talks. other serious republicans like lindsey graham says he thinks we are edging closer to closer to this just being in calamity. >> i think we are going over the cliff. it's pretty clear to me that they made a political calculation. >> he believes we are likely to go of 00 cliff now. the bottom line is tonight the president is hosting congressional leaders for this congressional ball. basically a black tie holiday party. maybe they will start talking about compromise but so far none in site. ed henry live on the north lawn. prince william's wife kate in the hospi